Will the Bank of Canada cut interest rates this year?

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Last fall, when the Bank of Canada (BOC) signalled that it was likely done raising interest rates and would start reducing rates in 2024, Bay Street traders, economists, car...

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B.C., Ontario mortgage-holders increasingly missed mortgage and credit card payments in 2023

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Equifax Canada said consumers in Ontario and British Columbia increasingly missed payments on mortgages and credit cards in the fourth quarter of 2023, increasing consumer debt. Rebecca Oakes, vice-president...

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Sunlite Mortgage Agents’ Mentorship Program

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As a mortgage agent, do you need more support and mentorship than your current mortgage brokerage offers? Do you need help to get your first, second, or third deal?...

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Why Choose a Reverse Mortgage Over a HELOC or a Private Mortgage?

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Why Choose a Reverse Mortgage Over a HELOC or a Private Mortgage? As the cost of living and mortgage payments has increased, it may be challenging to meet your...

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What Every First-Time Home Buyer Should Know Before Buying a Home

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In this article, Sunlite Mortgage will guide you through the essential things every first-time home buyer should know before making a significant home-buying decision. From understanding your budget and...

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All You Need to Know About the First Home Savings Account (FHSA)

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What is a First Home Buyer Savings Account (FHSA) The First-Time Home Buyer Savings Account (FHSA) is a savings account that is sponsored by the Canadian government. An FHSA...

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How To Qualify For New To Canada Mortgage

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Are you new to Canada and looking to buy a home? The New to Canada Mortgage Program can help you get a mortgage, even if you still need to...

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Reverse Mortgage Broker

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A reverse mortgage broker can help you find the best reverse mortgage for your needs. Reverse mortgages are loans that allow you to borrow money against the equity in...

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Getting A Home Equity Line of Credit

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 Getting a Home Equity Line of Credit Accessing your home’s hidden potential is a smart financial strategy and a great way to secure additional funds for various purposes. With...

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Getting a Construction Mortgage Loan

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Understanding the essential construction loan documents is crucial for securing the necessary funds and ensuring a smooth construction process. Each document, from the initial construction loan application to the...

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Canadian Inflation Rate Lowest Since 2001, Housing Starts Surge

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Two significant reports released yesterday revealed contrasting trends in the Canadian economy. Firstly, the Canadian inflation rate dropped to its lowest level since 2001, while, on the other hand,...

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